You and your car have been through a lot together, but all good things must come to an end. When the time comes to move on to a newer model, or if your old motor has simply seen better days, you’ll probably consider selling your car as scrap to recoup some of the cash you’ve spent on fuel, repairs and everything else over the months or years. But just how much is a scrap car worth? Car Buyers Online is on hand to explain.
What Price Will I Get For My Scrap Car?
We can’t give you a definitive figure here as the price of scrap metal varies from one day to the next as the overall value of scrap metal changes. However, our team is dedicated to tracking that value to ensure you’re never offered less than your car is worth based on up-to-the-minute market trends.
A general rule of thumb, though; bigger cars are typically worth more than smaller ones. This is because the scrap value of an individual vehicle is mainly calculated by its weight. Simply put, a Land Rover is built from more metal than a Renault Clio, so holds more value once it’s crushed down to be recycled. The make and model of your motor also impacts the value in another way, with the price it’d sell for in working condition partly reflecting the offer you’ll receive to sell it as scrap.
Will My Car Be Worth More Whole, Or Should I Break It Up?
First of all, we don’t recommend breaking up your car yourself unless you are trained, qualified and equipped with the facilities and gear to do so safely. If your car is heading for the scrap yard no matter what, it’s generally going to be worth more whole than with parts missing. If you were to personally remove parts from the vehicle, this will be reflected in the quote value that you’re offered. You can then try to sell the parts on by yourself, of course, but there’s no guarantee that you won’t get ripped off by someone offering you under their value – that’s assuming you haven’t damaged them with your DIY extraction job.
Car Buyers Online saves you this hassle, using all of the information about the car that you provide to put you in touch with the right scrap or salvage dealer who will be able to professionally decide whether they should scrap or break the car. If the car has salvageable parts, your offer will increase too, so there’s no need to worry about selling individual bits online.
Can I Accept Cash For Scrapping My Car?
Unfortunately, the answer to this question is ‘no’. Only digital payment methods are acceptable under these regulations, with rulebreakers facing a fine.
There is no madness behind this method, however, with the law being brought into action to combat rising car thefts prior to 2013. ‘Paper money’ payment was ironically ruled out because it allowed stolen vehicles to be sold and crushed without any financial paper trail being created. The ruling also aimed to improve the documentation of scrap buyers’ activity, keeping track of every car that goes through the crusher to deter thieves looking to make a quick bit of cash.
Modern day digital payment methods can be lightning quick, so if the payment is made by bank transfer you could have the money in your bank account the same day!
But How Much Will I Get?
The amount that you’ll walk away with will never change from that which you are quoted, as long as you’ve been truthful about the condition of the car when you first talked to us. If the buyer’s collector arrives to find the car is clearly very different from what they expected, like if it’s missing a wheel or won’t start, for example, then you may be offered a negotiated price.
Our quote finder and sales team both work to simplify the process, so don’t stress about this initial consultation.
You also don’t need to worry about any collection fees as our network spreads far and wide, meaning we’ll find you a local buyer who can send out a truck at absolutely no extra cost. There are no hidden fees with Car Buyers Online. What you see is what you get.
So, if you’re starting to consider selling your car, be sure to check out Car Buyers Online and get a quote in under a minute. The sales process is effortless and you’ll be able to offload your vehicle and get paid in no time at all. Find out how much you could get for selling your car through Car Buyers Online today!
If you are in Windsor, Victoria, and looking for a car buyer service in Melbourne, below is the best way to visit us.
Car Buyers Online Melbourne
13 Dalgety St
St Kilda VIC 3182